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MindTap - Cengage Learning X X C 20 ng.cengage.com/staticb/ui/evo/index.html? deploymentld=5839622340537210505082758348&elSBN=9781337111560&id=1995945205&snapshotld=3812144& Jaden CENGAGE |MINDTAP Q Search this course ? Homework (Ch 06) X HOME Fill in
MindTap - Cengage Learning X X C 20 ng.cengage.com/staticb/ui/evo/index.html? deploymentld=5839622340537210505082758348&elSBN=9781337111560&id=1995945205&snapshotld=3812144& Jaden CENGAGE |MINDTAP Q Search this course ? Homework (Ch 06) X HOME Fill in the columns with Lorenzo's free-throw percentage for each game and his overall free-throw average after each game. PROFILE Game Game Result Total Game Free-Throw Percentage Average Free-Throw Percentage 4/5 4/ 80 80 A-Z ORDERS 2 2/5 6/10 3 1/4 7/14 RENTALS 4 1/2 8/16 5 4/4 12/20 EI COURSES On the following graph, use the orange points (square symbol) to plot Lorenzo's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot his overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Study tools bongo ? M College Success Tips Career Success Tips 100 -O 90 Help A+ 80 Game Free-Throw Percentage 70 A 60 Average Free-Throw Percentage C- SIGN OUT O FREE-THROW PERCENTAGE 50 30 o 2 GAMEMindTap - Cengage Learning X X C 20 ng.cengage.com/staticb/ui/evo/index.html?deploymentld=5839622340537210505082758348&elSBN=9781337111560&id=1995945205&snapshotld=3812144& Jaden CENGAGE |MINDTAP Q Search this course ? Homework (Ch 06) X HOME pults ( tragic symbol) to plot Is overall average free throw percentage uneI can yume . Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. PROFILE ? A-Z ORDERS RENTALS 100 -0- 90 EI COURSES 80 Game Free-Throw Percentage 70 A 60 Average Free-Throw Percentage Study tools 50 bongo FREE-THROW PERCENTAGE 40 M College Success Tips 30 20 Career Success Tips 10 ? Help A+ 2 GAME C+ SIGN OUT O You can think of the result in any one game as being Lorenzo's marginal free-throw percentage. Based on your previous answer, you can deduce that when Lorenzo's marginal free-throw percentage is below the average, the average must be You can now apply this analysis to production costs. For a U-shaped average total cost curve, when the marginal cost curve is below the average total cost curve, the average total cost must be . Also, when the marginal cost curve is above the average total cost curve, the average total cost must be . Therefore, the marginal cost curve intersects the average total cost curve Grade It Now Save & Continue Continue without saving
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